Sales of home audio and cinema are expected to continue falling over the forecast period. Digital media player docks are forecast to record a double-digit volume decline, expected to disappear from the market entirely by the end of the forecast period.
Longer replacement cycles are also contributing to the decline, as consumers no longer feel the need to frequently upgrade home audio systems. Traditional hi-fi systems, audio separates, home cinema systems, and even multi-speaker setups are being steadily replaced by more convenient alternatives, such as wireless and portable speakers.
The only exception to this trend is soundbars, which continues to maintain some relevance due to its ability to enhance television audio while offering a compact, easy-to-install solution. However, even this segment faces increasing competition from built-in TV audio systems, which have significantly improved in recent years.
While the overall outlook for the home audio and cinema remains subdued, soundbars are likely to see continued traction. The products ability to replace bulkier, multi-component audio systems makes it an attractive space-saving and convenient solution for modern households.
Ongoing developments in smart connectivity and AI have the potential to revitalise speakers and soundbars. There is growing opportunity for these devices to incorporate advanced connectivity features, including voice control and virtual assistants.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Czech Republic with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Audio and Cinema industry in Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.
See all of our definitionsThis report originates from Passport, our Home Audio and Cinema research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!